Dubai exchange has cut two deals with the Chinese this week alone
The Dubai Gold and Commodities Exchange
(DGCX) is set to launch three new futures contracts and an
amended plastics contract on June 5, as it continues to forge
ties in Asia.
The exchange will launch an India gold
future contract, a USD/INR future, a Mini polypropylene (PP)
futures and an updated polypropylene futures contract.
The new products have been borne from
extensive market consultation, Meng Chan Shu, head of product
and head of Asia at DGCX, told FOW.
"The new contracts will bring us to the
next level in terms of our Indian rupee and hybrid gold
capabilities; they are slightly different from our current
offerings so success in these contracts would be the starting
point for further development of such contracts," added
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.